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10142 103rd St


Jacksonville Heights South,
Jacksonville,
FL

Total Size

19,700 sqft

Zoning

Year Constructed

0

Year Renovated

0

Building Class

About 10142 103rd St

The property contains two multi-tenant flex-warehouse buildings, totaling 19,700 SF. There are 12 rental units, ranging in size from 1,300 SF to 3,400 SF. The current occupancy rate for the flex-warehouse buildings is 82.74%. Rental units have 10' wide by 12' tall roll-up doors, 16' to 18' warehouse ceiling height, and a variety of floor plans. The flex-warehouse buildings are located on land zoned CCG-2. This zoning allows for a wide variety of business uses. The buildings were developed in 2003 and 2006, and are of durable metal construction. The property is served by City water and sewer, and available electric service is 400 amp, 3-phase, 4-wire, 208 volts.

Based on the current occupancy, the Net Operating Income (NOI) for the property is +/- $99,943. If the available square footage were to be leased, the NOI is expected to increase to more than $121,000.

The property is strategically located close to I-295, I-10, and I-95. The property is within 5 miles of Cecil Commerce Center, and within 20 miles of the Jaxport area off of Heckscher Dr, as well as Jacksonville International Airport. The property' s proximity to the I-295 Beltway provides for good access to the majority of Jacksonville' s sub-market areas, and 103rd St. offers a variety of restaurants and stores for use by tenants and their employees and customers.